Lending & Credit
HDFC Bank extends instant auto loan to Tier 2, 3 Indian cities
It will be available to clients with pre-approved offers.
HDFC Bank extends instant auto loan to Tier 2, 3 Indian cities
It will be available to clients with pre-approved offers.
Japan's bank lending surges at record pace in May
Pandemic-struck companies turn to loans to meet funding needs.
Siam Commercial Bank launches joint home loan scheme
It offers home loan options for Thai couples buying their first home with Sansiri.
Roadblocks ahead for Japanese banks as credit costs balloon
NPLs will rise as SME default rates stack up.
South Korean fresh loan rates up to 2.82% in May
The expansion follows four consecutive months of declines.
Pandemic may set back Indian banking sector's recovery for years
Nonperforming loans are expected to hit 13-14% of total loans for FY2020-21.
ADB inks $200m loan to improve Nepal's power supply
It will fund the reinforcement of Kathmandu Valley’s supply system.
Chart of the Week: Australian major banks' commercial property loan quality to deteriorate
Demand for consumer commercial real estate may weaken over the next two years.
GoBear allies with Mambu, CredoLab for short-term lending business
GoBear’s lending architecture will expand to the Philippines this year.
Taiwanese financial institutions' loans hike 0.67% at end-May
Annual growth rate rose to 5.71% due to reduced bank claims.
South Korean regulator amends credit act to combat illegal lending
The maximum penalty for unlawful loan service providers has been doubled.
Chinese bank-owned finance leasing firms fall back on parent support: S&P
But prolonged travel restrictions could lessen parent groups’ commitment.
Sri Lanka's central bank rubber-stamps $139.3b in SME loans
It has approved 13,761 loan applications.
Siam Commercial Bank launches trade package for SMEs
The bank has allotted nearly $129.7m in loans for SMES in the export sector.
More investors back proposal to end Mizuho's coal lending
It could push Japanese banks to live up to promises of ending the practice.
OCBC emerges as APAC's top lead arranger of green loans from 2018-2020YTD
Singapore’s OCBC and DBS accounted for $5.47b of such loans.
OCBC upgrades green finance portfolio target to $25b by 2025
It has already surpassed its $10b target for 2022 in Q1.
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Why Philippine banks, insurers embrace hyper-personalized services
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Insurance
Industry experts push for the rapid progress of unified customer data as a starting point.
Industry experts push for the rapid progress of unified customer data as a starting point.
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